# Dalmia Bharat to acquire cement assets of Jaiprakash Associates

Dalmia Bharat Cement, through its subsidiary Dalmia Cement (Bharat) Ltd, has entered into a binding agreement to acquire clinker, cement and power plants from Jaiprakash Associates Ltd and its associate company for an enterprise value of INR 56,660 million. The assets are located in Madhya Pradesh, Uttar Pradesh and Chhattisgarh, India.

- Type: Acquisition
- Announced: 2022-12-13
- Where: Madhya Pradesh, Uttar Pradesh, Chhattisgarh, India
- Status: announced
- Capacity: 9.4 Mta cement, 6.7 Mta clinker, 280 MW power
- Products: cement, clinker, power
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Jaiprakash Associates](https://endata.com/companies/24405.md) (target)
- [Dalmia Bharat Cement](https://endata.com/companies/59507.md) (acquirer)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/173979/dalmia-bharat-to-acquire-jaiprakash-associates-ltd.html), 2022-12-13: "Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement (Bharat) Ltd (DCBL) has entered into a binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates Ltd and its associate company."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.